INTERVIEW QUESTIONS
COMMON PROFICIENCY TEST (CPT)
THEORY OF DEMAND AND SUPPLY
DETAILS
Question: Demand for a commodity refers to:-
a)Desire for the commodity b)Need for the commodity c)Quantity demanded of that commodity d)Quantity of the commodity demanded at a certain price during any particular period of time
Answer: d)Quantity of the commodity demanded at a certain price during any particular period of time Description: Demand for a commodity is always at a certain prices and for a particular period of time.
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